Southbridge, MA (February 25, 2012) — Savers Bank is proud to be recognized as a 5-Star Superior Bank by BauerFinancial, Inc., Coral Gables, Florida, the nation’s bank rating firm. Earning the highest 5-Star rating for strength and stability, Mr. Joseph Coderre, CEO, and the entire team at Savers Bank have proven their commitment to their customers. To earn Bauer’s 5-Star Superior rating, Savers Bank must excel in areas of capital adequacy, delinquent loan levels and profitability to name just a few. The fact that it has done so for 65 consecutive quarters puts Savers Bank in an even more elite group of “Exceptional Performance Banks.” These banks have consistently earned this highest rating for a minimum of 10 years without interruption.
“Savers Bank is a solid community bank and has grown in the last couple of years despite the challenging economy. We are proud of our community banking roots; we are an independent mutual community bank. We take pride in offering local decision making and personalized service that only a community bank can provide,” commented Coderre.
Savers Bank was established in 1910 and has been serving the banking needs of its community for over 100 years. With over $400 million in assets, Savers Bank offers a full range of consumer and commercial banking services and offers a strong legacy of community commitment and customer service. It currently operates through six conveniently located offices in Southbridge, Uxbridge, Auburn, Grafton, Charlton and Sturbridge and can also be found on the internet at www.saversbank.com.
BauerFinancial, Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.
About the Chamber
The mission of the Blackstone Valley Chamber of Commerce is to promote the economic vitality of the Blackstone Valley and meet the needs of the Chamber’s business members, while providing leadership on issues which impact the economy and quality of life in the Valley. The Blackstone Valley Chamber of Commerce serves the eleven towns in the Massachusetts BV Region: Blackstone, Douglas, Grafton, Hopedale, Mendon, Millbury, Millville, Northbridge, Sutton, Upton and Uxbridge. For more information on the Chamber please contact administrator@blackstonevalley.org or call 508 234 9090 X101.
